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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: mfgrep who wrote (8429)	1/22/1998 2:00:00 PM
From: Donald E. Aken	Respond to of 20681

I live a bit south of there and the snow is too wind driven to remain fluffy for long, wyoming.com covers most of the state. You have to admit that the risk reward ratio is attractive at these levels, but I would never bet the farm on any single investment, that is far beyond my risk tolerance. I am well aware of the risk and work that must yet be overcome and performed. Recent accomplishments have rendered much of the claims against Naxos into the realms of "conspiracy theory" whereby all evidence and participants are condemed and that seems less and less likely to be true. The evidence mounts in favor of the Naxos claims. Drilling and the pilot plant will be the final evidence needed to supply incontrovertible proof and proceed with "making a mine". The feasability studies will be the final outline as to what will be. Notice that these are events and not time frames and you will find some peace in knowing what represents material progress. Then comes the final permitting and that may be the most breathtaking time of all. Plenty of time left to earn your stripes and see buying opportunities in "iron belly" investing.:-) I have heard it said that investing in junior gold mines is the hardest easy money you'll ever earn, stick around and find out why that is so true.